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Quantum Sensors Market Glorious Opportunities, Business Growth, Size, And Statistics Forecasts Up To 2031

11-18-2022 08:12 AM CET | IT, New Media & Software

Press release from: Persistence Market Research

Quantum Sensors Market

Quantum Sensors Market

According to Persistence Market Research's most recent analysis, the global market for quantum sensors is expected to grow at a steady 5.7% CAGR through 2031. .

Due to the ongoing development and implementation of new technologies such as quantum imaging, quantum simulation, and quantum sensing, the quantum sensor market is expected to experience major growth opportunities. Development of quantum sensing solutions in materials science and quantum physics is one of the major driving forces contributing to the market growth. Quantum sensors account for about 5%-8% market share in the global quantum computing market .

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Additionally, the growing implementation of quantum entanglement and quantum technologies in the healthcare and healthcare industries for remote patient monitoring, diagnostic assistance, and enhanced consumer healthcare experiences is further driving sales of quantum sensors.

Will deploying quantum sensing technology in autonomous vehicles drive market expansion?

Self-driving cars can see every nook and cranny, and handheld scanners can monitor a person's brain activity with the help of quantum sensing technology. The technology is making these things a reality by addressing motion including imaging, rotation, acceleration and gravity (magnetic and electric fields).

Queensland University, for example, is working on next-generation sensor technology that will provide highly accurate communications and navigation for automated vehicles. The university is covering activities that leverage quantum innovations for new sensors.

This technology could be groundbreaking, powering self-driving vehicles that can see around early warning systems for earthquakes and volcanic activity, as well as underwater navigation systems. It will also lead to improved sensitivity or precision in electric and magnetic field measurements, measurements of physical quantities for atomic properties, and quantum sensing technologies. Therefore, the application of quantum sensing technology to self-driving cars will drive the market expansion.

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How will more accurate sensing and measurement capabilities drive demand for quantum sensors?

Quantum sensors can replace conventional sensors in a variety of applications, including monitoring and locating gas, oil, and mineral deposits, sensing the smallest of environments, earthquakes, construction site surveys, or weather changes.

These sensors are also used to dramatically improve precise positioning and navigation systems in the transportation sector.

For example, Airbus is a multinational aerospace company that uses quantum sensors to measure properties such as acceleration, rotational speed, frequency, electric and magnetic fields, and temperature to improve navigation systems.
These factors are driving the demand for quantum sensors across regions.

Competitive Landscape

Quantum sensor manufacturers focus on maintaining a strength: a vast portfolio of products. We are also committed to continuous research and development to upgrade and innovate our existing products.

Australian startup Q-Ctrl has developed a quantum sensor for space applications. They are also developing quantum sensors to send to Earth's orbit, the Moon and eventually Mars.
Supracon has successfully completed an R&D project to develop a quantum calibrator for DC and AC current and resistance based on the AC-Quantum Voltmeter.

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Company
Muquans SAS(iXblue)
Microsemi Corp. (Microchip Technology Inc.)
AOSense Co., Ltd.
GWR Instruments, Inc.
Oscilloscope SA (ADVA Optical Networking SE)
M Squared Lasers Ltd.
cryogenic limits
Supracon AG
Quantum Sensor Industry Research by Category

Category:
nuclear clock
gravity sensor
magnetic sensor
rotation sensor
imaging sensor
temperature Senser

Industry:
Quantum sensors for defense
Quantum sensors for oil and gas
Quantum sensors for transportation
Quantum sensors for construction
Quantum sensors for medical and medical applications
Quantum sensors for IT and telecommunications
Quantum sensors for agriculture
Etc

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